Teck Resources Ltd

TSX:TECK.BCanadaView on NYSE

Apr 26, 2024

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• DJ Teck Resources Ltd. Cl B Stock Rises Friday, Outperforms Market, from 4:35PM ET on Friday Apr 26, 2024 by Dow Jones

  4:35PM ET on Friday Apr 26, 2024 by Dow Jones
  Companies Mentioned: TECK, TECK.A, TECK.B
  
  This article was automatically generated by MarketWatch using technology from Automated Insights.
  
  Shares of Teck Resources Ltd. Cl B TECK.B rose 1.77% to C$68.85 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index rising 0.38% to 21,969.24. Teck Resources Ltd. Cl B closed C$0.56 below its 52-week high (C$69.41), which the company achieved on April 12th. Trading volume of 1.2 M shares remained below its 50-day average volume of 1.3 M.
  

• DJ Teck Resources Ltd. Cl B Stock Rises Friday, Outperforms Market, from 4:35PM ET on Friday Apr 26, 2024 by Dow Jones

  4:35PM ET on Friday Apr 26, 2024 by Dow Jones
  Companies Mentioned: TECK, TECK.A, TECK.B
  
  This article was automatically generated by MarketWatch using technology from Automated Insights.
  
  Shares of Teck Resources Ltd. Cl B TECK.B rose 1.77% to C$68.85 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index rising 0.38% to 21,969.24. Teck Resources Ltd. Cl B closed C$0.56 below its 52-week high (C$69.41), which the company achieved on April 12th. Trading volume of 1.2 M shares remained below its 50-day average volume of 1.3 M.
  

• DJ Teck Resources Ltd. Price Target Raised to C$71.00/Share From C$70.00 by Raymond James, from 12:15PM ET on Friday Apr 26, 2024 by Dow Jones

  12:15PM ET on Friday Apr 26, 2024 by Dow Jones
  Companies Mentioned: TECK, TECK.A, TECK.B
  
  Ratings actions from Baystreet: http://www.baystreet.ca
  
  (END) Dow Jones Newswires
  
  April 26, 2024 12:15 ET (16:15 GMT)
  

• DJ Teck Resources Ltd. Price Target Raised to C$72.00/Share From C$70.00 by JP Morgan, from 12:15PM ET on Friday Apr 26, 2024 by Dow Jones

  12:15PM ET on Friday Apr 26, 2024 by Dow Jones
  Companies Mentioned: TECK, TECK.A, TECK.B
  
  Ratings actions from Baystreet: http://www.baystreet.ca
  
  (END) Dow Jones Newswires
  
  April 26, 2024 12:15 ET (16:15 GMT)
  

• Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets, from 7:52AM ET on Friday Apr 26, 2024 by PR Newswire

  7:52AM ET on Friday Apr 26, 2024 by PR Newswire
  Companies Mentioned: LISMF, RIO, TECK, GLNCY, ALB

  USA News Group Commentary

  USA News Group - Already in 2023 there have been twomultibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billionoffer from Albemarle Corporation (NYSE:ALB), followed by Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) rejecting a US$23.2 billionmerger proposal from Glencore plc (OTC:GLNCY). Meanwhile, mining giant Rio Tinto Group (NYSE:RIO) is rumored to be on the prowl for more lithium assets after already buying a lithium mine for $825 millionin Argentina, in the same province (Salta) as Lithium South Development Corporation's (TSXV:LIS) (OTC:LISMF) Hombre Muerto North Lithium project (HMN Li Project).